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양식 1098 관련 기사

Form 1098에 대한 지침, Mortgage Interest Statement

1월 2022일

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Department of the Treasury  
Internal Revenue Service  
Instructions for Form 1098  
Mortgage Interest Statement  
(Rev. January 2022)  
Section references are to the Internal Revenue Code  
unless otherwise noted.  
complete these copies online for furnishing statements to  
recipients and for retaining in your own files.  
Future Developments  
Specific Instructions  
For the latest information about developments related to  
Form 1098 and its instructions, such as legislation  
enacted after they were published, go to IRS.gov/  
Use Form 1098, Mortgage Interest Statement, to report  
mortgage interest (including points, defined later) of $600  
or more you received during the year in the course of your  
trade or business from an individual, including a sole  
proprietor. Report only interest on a mortgage, defined  
later.  
What's New  
Continuous-use form and instructions. Form 1098  
and these instructions have been converted from an  
annual revision to continuous use. Both the form and  
instructions will be updated as needed. For the most  
recent version, go to IRS.gov/Form1098.  
File a separate Form 1098 for each mortgage. The  
$600 threshold applies separately to each mortgage, so  
you are not required to file Form 1098 for a mortgage on  
which you have received less than $600 in interest, even if  
an individual paid you over $600 in total on multiple  
mortgages. You may, at your option, file Form 1098 to  
report mortgage interest of less than $600, but if you do,  
you are subject to the rules in these instructions.  
Reminders  
General instructions. In addition to these specific  
instructions, you should use the current General  
Instructions for Certain Information Returns. Those  
general instructions include information about the  
following topics.  
If an overpayment of interest on an adjustable rate  
mortgage or other mortgage was made in a prior year and  
you refund (or credit) that overpayment, you may have to  
file Form 1098 to report the refund (or credit) of the  
later.  
Who must file.  
When and where to file.  
Electronic reporting.  
Corrected and void returns.  
Statements to recipients.  
Taxpayer identification numbers (TINs).  
Backup withholding.  
Also use Form 1098 to report mortgage insurance  
premiums (MIP) of $600 or more you received during the  
calendar year in the course of your trade or business from  
an individual, including a sole proprietor, but only if  
section 163(h)(3)(E) applies. See the instructions for Box  
Penalties.  
Other general topics.  
You can get the general instructions at General  
Exceptions  
You need not file Form 1098 for interest received from a  
corporation, partnership, trust, estate, association, or  
company (other than a sole proprietor) even if an  
individual is a co-borrower and all the trustees,  
beneficiaries, partners, members, or shareholders of the  
payer of record are individuals.  
Online PDF fillable Copies B and C. To ease statement  
furnishing requirements, Copies B and C are fillable online  
in a PDF format, available at IRS.gov/Form1098. You can  
Obligation Classification Table  
IF an obligation is...  
THEN...  
incurred after 1987  
it is a mortgage if real property that is located inside or outside the United States  
secures all or part of the obligation.1  
incurred after 1984 but before 1988  
in existence on December 31, 1984  
it is a mortgage only if secured primarily by real property.  
it is not a mortgage if, at the time the obligation was incurred, the interest recipient  
reasonably classified the obligation as other than a mortgage, real property loan, real  
estate loan, or other similar type of obligation.2  
1 This applies even though the interest recipient classifies the obligation as other than a mortgage, for example, as a commercial loan.  
2 For example, if an obligation incurred in 1983 was secured by real property, but the interest recipient reasonably classified the obligation as a commercial loan  
because the proceeds were used to finance the borrower's business, the obligation is not considered a mortgage and reporting is not required. However, it is not  
reasonable to classify those obligations as other than mortgages for reporting purposes if over half the obligations in a class established by the interest recipient are  
primarily secured by real property.  
Dec 29, 2021  
Cat. No. 27977Q  
tenant-stockholders' proportionate share of interest  
described in section 216(a)(2). This rule applies only to  
tenant-stockholders who are individuals and from whom  
the cooperative has received at least $600 of interest  
during the year. See the TIP under box 1, later.  
Collection agents. Generally, if you receive reportable  
interest payments (other than points) on behalf of  
someone else and you are the first person to receive the  
interest, such as a servicing bank collecting payments for  
a lender, you must file this form. Enter your name,  
address, TIN, and telephone number in the recipient entity  
area. You must file this form even though you do not  
include the interest received in your income but you  
merely transfer it to another person. If you wish, you may  
enter the name of the person for whom you collected the  
interest in box 10. The person for whom you collected the  
interest need not file Form 1098.  
However, there is an exception to this rule for any  
period that (a) the first person to receive or collect the  
interest does not have the information needed to report on  
Form 1098, and (b) the person for whom the interest is  
received or collected would receive the interest in its trade  
or business if the interest were paid directly to such  
person. If (a) and (b) apply, the person on whose behalf  
the interest is received or collected is required to report on  
Form 1098. If interest is received or collected on behalf of  
another person other than an individual, such person is  
presumed to receive the interest in a trade or business.  
Mortgage Defined  
A mortgage is any obligation secured by real property.  
Use the Obligation Classification Table to determine  
which obligations are mortgages.  
Real property is land and generally anything built on it,  
growing on it, or attached to the land. Among other things,  
real property includes a manufactured home with a  
minimum living space of 400 square feet and a minimum  
width of more than 102 inches and which is of a kind  
customarily used at a fixed location. See section 25(e)  
(10).  
If the loan is not secured by any real property, you are  
not required to file Form 1098. However, the borrower  
may be entitled to a deduction for qualified residence  
interest, such as in the case of a loan for a boat. The boat  
must have sleeping space, cooking facilities, and toilet  
facilities. The borrower must use the boat as a home.  
Lines of credit and credit card obligations. Interest  
(other than points) received on any mortgage that is in the  
form of a line of credit or credit card obligation is  
reportable regardless of how you classified the obligation.  
A borrower incurs a line of credit or credit card obligation  
when the borrower first has the right to borrow against the  
line of credit or credit card, whether or not the borrower  
actually borrows an amount at that time.  
Who Must File  
File this form if you are engaged in a trade or business  
and, in the course of such trade or business, you receive  
from an individual $600 or more of mortgage interest (or  
$600 or more of MIP, if section 163(h)(3)(E) applies for  
the reporting year) on any one mortgage during the  
calendar year. See the instructions for box 5, later, for MIP  
reporting requirements. You are not required to file this  
form if the interest is not received in the course of your  
trade or business. For example, you hold the mortgage on  
your former personal residence. The buyer makes  
mortgage payments to you. You are not required to file  
Form 1098.  
Foreign interest recipient. If you are not a U.S. person,  
you must file Form 1098 if the interest is received in the  
United States. A U.S. person is a citizen or resident of the  
United States, a domestic partnership or corporation, or a  
nonforeign estate or trust. If the interest is received  
outside the United States, you must file Form 1098 if (a)  
you are a controlled foreign corporation, or (b) at least  
50% of your gross income from all sources for the 3-year  
period ending with the close of the tax year preceding the  
receipt of interest (or for such part of the period as you  
were in existence) was effectively connected with the  
conduct of a trade or business in the United States.  
Designation agreement. An interest recipient, including  
a recipient of points, can designate a qualified person to  
file Form 1098 and to provide a statement to the payer of  
record.  
A qualified person is either (a) a trade or business in  
which the interest recipient is under common control as  
specified in Regulations section 1.414(c)-2, or (b) a  
designee, named by the lender of record or by a qualified  
person, who either was involved in the original loan  
transaction or is a subsequent purchaser of the loan.  
A lender of record is the person who, at the time the  
loan is made, is named as the lender on the loan  
documents and whose right to receive payment from the  
payer of record is secured by the payer of record's  
principal residence. Even if the lender of record intends to  
sell or otherwise transfer the loan to a third party after the  
close of the transaction, such intention does not change  
who is the lender of record.  
For information about who must file to report points,  
see Who must report points, later.  
Not in the lending business. If you receive mortgage  
interest of $600 or more in the course of your trade or  
business, you are subject to the requirement to file Form  
1098, even if you are not in the business of lending  
money. For example, if you are a real estate developer  
and you provide financing to an individual to buy a home  
in your subdivision, and that home is security for the  
financing, you are subject to this reporting requirement.  
However, if you are a physician not engaged in any other  
business and you lend money to an individual to buy your  
home, you are not subject to this reporting requirement  
because you did not receive the interest in the course of  
your trade or business as a physician.  
Governmental unit. A governmental unit (or any  
subsidiary agency) receiving mortgage interest from an  
individual of $600 or more must file this form.  
Cooperative housing corporation. A cooperative  
housing corporation is an interest recipient and must file  
Form 1098 to report an amount received from its  
tenant-stockholders that represents the  
The agreement must be in writing, identify the  
mortgage(s) and calendar years for which the qualified  
person must report, and be signed by the designator and  
the designee. A designee may report points on Form 1098  
-2-  
Instructions for Form 1098 (Rev. 01-2022)  
 
(as having been paid directly by the payer of record) only  
if the designation agreement contains the designator's  
representation that it did not lend such amount to the  
payer of record as part of the overall transaction. The  
agreement need not be filed with the IRS, but the  
designator must keep a copy of it for 4 years after the  
close of the year in which the loan is made.  
A designated qualified person is subject to any  
applicable penalties as if it were the interest recipient.  
Thus, a designator is relieved from liability for any  
applicable penalties.  
the homeowner that the amounts reported on the Form  
1098 are overstated because they include governmental  
subsidy payments. State housing finance agencies  
receiving funds allocated from the HFA Hardest Hit Fund  
may comply with the mortgage interest reporting  
requirement by reporting payments on either Form  
1098-MA, Mortgage Assistance Payments, available at  
IRS.gov/Form1098MA, or on the statement described in  
section 2.04 of Rev. Proc. 2011-55, available at  
information, see Notice 2017-40, available at IRS.gov/irb/  
2017-32_IRB#NOT-2017-40, amplified and modified by  
Notice 2018-63, available at IRS.gov/irb/  
Nonresident Alien Interest Payer  
You must file Form 1098 to report interest paid by a  
nonresident alien only if all or part of the security for the  
mortgage is real property located in the United States.  
Seller Payments  
Do not report in box 1 of Form 1098 any interest paid by a  
seller on a purchaser's/borrower's mortgage, such as on a  
“buy-down” mortgage. For example, if a real estate  
developer deposits an amount in escrow and tells you to  
draw on that escrow account to pay interest on the  
Report the interest based on the following.  
If the interest is paid within the United States, you must  
request from the payer the applicable Form W-8  
(withholding certificate) as described in Regulations  
section 1.1441-1(e)(1).  
borrower's mortgage, do not report in box 1 the interest  
received from that escrow account. Also, do not report in  
box 1 any lump sum paid by a real estate developer to pay  
interest on a purchaser's/borrower's mortgage. However,  
if you wish, you may use box 10 to report to the payer of  
record any interest paid by the seller. See Points next for  
information about reporting seller-paid points in box 6.  
If the interest is paid outside the United States, you  
must satisfy the documentary evidence standard  
described in Regulations section 1.6049-5(c).  
Payer of Record  
The payer of record is the individual carried on your books  
and records as the principal borrower. If your books and  
records do not indicate which borrower is the principal  
borrower, you must designate one.  
Points  
You must report certain points paid for the purchase of the  
payer of record's principal residence on Form 1098. You  
must report points if the points, plus other interest on the  
mortgage, are $600 or more. For example, if a borrower  
pays points of $300 and other mortgage interest of $300,  
the lender has received $600 of mortgage interest and  
must file Form 1098.  
If you permit a subsequent purchaser of the property to  
assume the loan without releasing the first purchaser from  
personal liability, the subsequent purchaser is the payer of  
record. Such subsequent purchaser's name, address, and  
TIN must appear on Form 1098.  
Multiple borrowers. Even though there may be more  
than one borrower on the mortgage, you are required to  
prepare Form 1098 only for the payer of record, and only if  
such payer of record is an individual, showing the total  
interest received on the mortgage. Even if an individual is  
a co-borrower, no Form 1098 is required unless the payer  
of record is also an individual.  
Report the total points on Form 1098 for the calendar  
year of closing regardless of the accounting method used  
to report points for federal income tax purposes.  
Who must report points. The lender of record or a  
qualified person must file Form 1098 to report all points  
paid by the payer of record in connection with the  
purchase of the principal residence. If a designation  
agreement is in effect for a mortgage, only the person  
designated in the agreement must file Form 1098 to report  
all points on that mortgage. See Designation agreement,  
earlier.  
Amounts received directly or indirectly by a mortgage  
broker are treated as points to the same extent they would  
be treated as points if paid to and retained by the lender of  
record. The lender of record must report those points paid  
to a mortgage broker.  
Payments by Third Party  
Report all interest received on the mortgage as received  
from the borrower, except as explained under Seller  
Payments, later. For example, if the borrower's mother  
makes payments on the mortgage, the interest received  
from the mother is reportable on Form 1098 as received  
from the borrower.  
However, do not report mortgage interest received  
from any governmental unit (or any subsidiary agency).  
For example, do not report any interest received as  
housing assistance payments from the Department of  
Housing and Urban Development (HUD) on mortgages  
insured under section 235 of the National Housing Act.  
Reportable points. Report on Form 1098 points that  
meet all the following conditions.  
1. They are clearly designated on the Settlement  
Statement (Form HUD-1) or HUD Closing Disclosure as  
points; for example, “loan origination fee” (including  
amounts for VA and FHA loans), “loan discount,”  
“discount points,” or “points.”  
The IRS will not assert information reporting penalties  
against mortgage servicers that report as interest  
mortgage assistance payments received under a state  
program funded by the Housing Finance Agency  
Innovative Fund for the Hardest Hit Housing Markets  
(HFA Hardest Hit Fund) if the mortgage servicer notifies  
2. They are computed as a percentage of the stated  
principal loan amount.  
Instructions for Form 1098 (Rev. 01-2022)  
-3-  
       
3. They are charged under an established business  
practice of charging points in the area where the loan was  
issued and do not exceed the amount generally charged  
in that area.  
4. They are paid for the acquisition of the payer of  
record's principal residence, and the loan is secured by  
that residence. You may rely on a signed written  
statement from the payer of record that states that the  
proceeds of the loan are for the purchase of the payer of  
record's principal residence.  
Are clearly designated on the loan documents as points  
incurred in connection with the loan, such as loan  
origination fees, loan discount, discount points, or points;  
Are computed as a percentage of the stated principal  
loan amount;  
Conform to an established business practice of  
charging points in the area where the loan is issued and  
do not exceed the amount generally charged in the area;  
Are paid in connection with a loan incurred by the payer  
of record to construct (or refinance construction of) a  
residence that is to be used, when completed, as the  
principal residence of the payer of record;  
5. They are paid directly by the payer of record. Points  
are paid directly if either (a) or (b) below applies.  
Are paid directly by the payer of record; and  
a. The payer of record provides funds that were not  
borrowed from the lender of record for this purpose as  
part of the overall transaction. The funds may include  
down payments, escrow deposits, earnest money applied  
at closing, and other funds actually paid over by the payer  
of record at or before closing.  
b. The seller pays points on behalf of the payer of  
record. Points paid by the seller to the interest recipient on  
behalf of the payer of record are treated as paid to the  
payer of record and then paid directly by the payer of  
record to the interest recipient.  
Are not allocable to an amount of principal in excess of  
$750,000, or $1 million if you know that the written binding  
contract exception applies.  
Amounts paid to refinance a loan to construct a  
residence are not points to the extent they are allocable to  
debt that exceeds the debt incurred to construct the  
residence.  
Prepaid Interest  
Report prepaid interest (other than points) only in the year  
in which it properly accrues.  
Report points paid under items 5a and 5b on the payer  
of record's Form 1098 in box 6.  
Example. Interest received on December 20, of the  
current year, that accrues by December 31, of the current  
year, but is not due until January 31, of the following year,  
is reportable on the current year Form 1098.  
Exceptions. Do not report as points on Form 1098  
amounts paid:  
Exception. Interest received during the current year that  
will properly accrue in full by January 15 of the following  
year may be considered received in the current year, at  
your option, and is reportable on Form 1098 for the  
current year. However, if any part of an interest payment  
accrues after January 15, then only the amount that  
properly accrues by December 31 of the current year is  
reportable on Form 1098 for the current year. For  
example, if you receive a payment of interest that accrues  
for the period December 20 through January 20, you  
cannot report any of the interest that accrues after  
December 31 for the current year. You must report the  
interest that accrues after December 31 on Form 1098 for  
the following year.  
For loans to improve a principal residence;  
For loans to purchase or improve a residence that is not  
the payer of record's principal residence, such as a  
second home, vacation, investment, or trade or business  
property, even though the borrower may be entitled to  
amortize points paid for the purchase of a second home,  
vacation home, etc., and deduct them over the life of the  
loan;  
For a home equity or line of credit loan, even if secured  
by the principal residence;  
For refinancing (see Construction loans, later),  
including a loan to refinance a debt owed by the borrower  
under a land contract, a contract for deed, or similar forms  
of seller financing;  
In lieu of items ordinarily stated separately on the Form  
Prepaid Mortgage Insurance  
HUD-1, such as appraisal fees, inspection fees, title fees,  
attorney fees, and property taxes; and  
Except for amounts paid to the Department of Veterans  
Affairs or the Rural Housing Service, payments allocable  
to periods after 2007 are treated as paid in the periods to  
which they are allocable.  
To acquire a principal residence to the extent the points  
are allocable to an amount of principal in excess of the  
amount treated as acquisition indebtedness. Generally,  
the amount treated as acquisition indebtedness cannot  
exceed $750,000, but it may be up to $1 million if the  
borrower entered into a written binding contract before  
December 15, 2017, to close on the purchase before  
January 1, 2018, and purchased the residence before  
April 1, 2018 (the "written binding contract exception"). If  
you know that the written binding contract exception  
applies, report points that are allocable to an amount of  
principal up to $1 million.  
The Treasury Department has issued regulations for  
allocating prepaid qualified mortgage insurance  
premiums. Regulations section 1.163-11 applies to  
prepaid qualified mortgage insurance premiums paid or  
accrued on or after January 1, 2011, provided by the  
Federal Housing Administration or private mortgage  
insurers. For regulations applicable before January 1,  
2011, see Regulations section 1.163-11T.  
Reimbursement of Overpaid Interest  
Construction loans. Amounts paid on a loan to  
construct a residence (construction loan) or to refinance a  
loan incurred to construct a residence are reportable on  
Form 1098 as points if they:  
You are required to report reimbursements of overpaid  
interest aggregating $600 or more to a payer of record on  
Form 1098. You are not required to report  
reimbursements of overpaid interest aggregating less  
than $600 unless you are otherwise required to file Form  
-4-  
Instructions for Form 1098 (Rev. 01-2022)  
       
1098. That is, if you did not receive at least $600 of  
mortgage interest during the year of reimbursement from  
the person to whom you made the reimbursement, you  
are not required to file Form 1098 merely to report a  
reimbursement of less than $600. However, you may  
report any reimbursement of overpaid interest that you are  
not otherwise required to report, but if you do, you are  
subject to the rules in these instructions.  
of record, see part M in the current General Instructions  
for Certain Information Returns.  
Truncating payer's/borrower's TIN on payee state-  
ments. Pursuant to Regulations section 301.6109-4, all  
filers of this form may truncate a payee’s TIN (social  
security number (SSN), individual taxpayer identification  
number (ITIN), adoption taxpayer identification number  
(ATIN), or employer identification number (EIN)) on payee  
statements. Truncation is not allowed on any documents  
the filer files with the IRS. A recipient's/lender's TIN may  
not be truncated on any form. See part J in the current  
General Instructions for Certain Information Returns for  
additional information.  
The reimbursement must be reported on Form 1098 for  
the year in which the reimbursement is made. No change  
should be made to the prior year Form 1098 because of  
this reimbursement. Report the total reimbursement even  
if it is for overpayments made in more than 1 year.  
Recipient's/Lender's Name, Address, and  
Telephone Number Box  
To be reportable, the reimbursement must be a refund  
or credit of mortgage interest received in a prior year that  
was required to be reported for that prior year by any  
interest recipient on Form 1098. Only the person who  
makes the reimbursement is required to report it on Form  
1098. For example, if you bought a mortgage on which  
interest was overpaid in a prior year, you made a  
reimbursement of the overpaid interest, and the previous  
mortgage holder was required to report mortgage interest  
on Form 1098 in the prior year, you must file Form 1098 to  
report the reimbursement because you are the one  
making the reimbursement.  
Enter the name, address, and telephone number of the  
filer of Form 1098. Use this same name and address on  
Form 1096.  
Payer's/Borrower's Name and Address Boxes  
Enter the name and address, in the appropriate boxes, of  
the person who paid the interest (payer of record).  
Be careful to enter the recipient's and payer's  
information in the proper boxes.  
TIP  
Example. In the previous year, you received $5,000 of  
mortgage interest from the payer/borrower and reported  
that amount on Form 1098 for the previous year. In the  
current year, you determined that interest due on the  
mortgage for the previous year was $4,500, and the  
payer/borrower had overpaid $500. You refunded the  
$500 overpayment to the payer/borrower in the current  
year. If you received $600 or more of interest on the  
mortgage from the payer/borrower in the current year, you  
must report the $500 refund in box 4 of the current year  
Form 1098. No change to the previous year Form 1098 is  
required. If, instead of refunding the $500 overpayment,  
you credited the payer’s/borrower's current year mortgage  
interest payments due, $500 is still shown in box 4, and  
the interest received from the payer/borrower in the  
current year shown in box 1 must include the $500 credit.  
Overpayment and reimbursement in same year. If  
you reimburse interest in the same year it is overpaid, do  
not report the overpayment on Form 1098 as interest  
received during the year or as a reimbursement of  
overpaid interest. For example, if the borrower paid  
$5,000 and you reimbursed $500 of that amount in the  
current year, enter $4,500 in box 1 as interest paid by the  
borrower. Do not enter the $500 reimbursement in box 4.  
Account Number  
The account number is required if you have multiple  
accounts for a payer/borrower for whom you are filing  
more than one Form 1098. Additionally, the IRS  
encourages you to designate an account number for all  
Forms 1098 that you file. See part L in the current General  
Instructions for Certain Information Returns.  
Box 1. Mortgage Interest Received From  
Payer(s)/Borrower(s)  
Enter the interest (not including points) received on the  
mortgage from borrowers during the calendar year.  
Include interest on a mortgage, a home equity loan, or a  
line of credit or credit card loan secured by real property.  
Do not include government subsidy payments, seller  
payments, or prepaid interest that does not meet the  
exception explained under Prepaid Interest, earlier.  
Interest includes prepayment penalties and late charges  
unless the late charges are for a specific mortgage  
service.  
A cooperative housing corporation that receives  
any cash part of a patronage dividend from the  
National Consumer Cooperative Bank must  
TIP  
Interest on reimbursement. A financial institution (or its  
middleman) that pays interest of $10 or more on the  
reimbursement must report that interest (under section  
6049) on Form 1099-INT, Interest Income. Others that pay  
$600 or more of such interest in the course of their trade  
or business must report that interest (under section 6041)  
on Form 1099-INT. Do not include such interest on Form  
1098.  
reduce the interest to be reported on each  
tenant-stockholder's Form 1098 by a proportionate  
amount of the cash payment in the year the cooperative  
receives the cash payment. See Rev. Proc. 94-40, 1994-1  
C.B. 711.  
Box 2. Outstanding Mortgage Principal  
Enter the amount of outstanding principal on the mortgage  
as of January 1, of the current year. If you originated the  
mortgage in the current year, enter the mortgage principal  
as of the date of origination. If you acquired the mortgage  
Statements to Payers of Record  
If you are required to file Form 1098, you must provide a  
statement to the payer of record. For more information  
about the requirement to furnish a statement to the payer  
Instructions for Form 1098 (Rev. 01-2022)  
-5-  
 
in the current year, enter the outstanding mortgage  
principal as of the date of acquisition.  
you did not complete box 7, enter the street address  
(including the apartment number) of the property securing  
the mortgage. Immediately below the street address,  
enter the city or town; state or province; country; and ZIP  
or foreign postal code of the property securing the  
mortgage.  
Box 3. Mortgage Origination Date  
Enter the date of the origination of the mortgage. If you  
acquired this mortgage, do not enter the date of  
acquisition (see Box 11, later). Enter the date the  
mortgage originated with the original lender.  
If the property securing the mortgage has no address,  
enter the property’s jurisdiction and the property’s  
Assessor Parcel Number(s) (APN), as indicated in the  
examples below. Synonyms for the APN include the  
Assessor’s Identification Number (AIN), the Property  
Identification Number (PIN), the Property Account  
Number, and the Tax Account Number. Examples:  
Box 4. Refund of Overpaid Interest  
Enter the total refund or credit of a prior year(s)  
overpayment of interest. See Reimbursement of Overpaid  
Interest, earlier.  
Box 5. Mortgage Insurance Premiums  
Washtenaw County, MI  
VV-WW-XX-YYY-ZZZ  
To see if the applicability of this provision has  
been extended, and therefore reporting is  
!
CAUTION  
required, go to IRS.gov/Form1098.  
Jackson County, MO  
AA-BBB-CC-DD-EE-F-GG-HHH  
If section 163(h)(3)(E) applies for the tax year being  
reported, enter the total premiums of $600 or more paid  
(received) for the tax year being reported, including  
prepaid premiums, for qualified mortgage insurance.  
Qualified mortgage insurance is mortgage insurance  
under a contract issued after December 31, 2006, and  
provided by the Department of Veterans Affairs, the  
Federal Housing Administration, or the Rural Housing  
Service (or their successor organizations), and private  
mortgage insurance, as defined by section 2 of the  
Homeowners Protection Act of 1998 (as in effect on  
December 20, 2006).  
Receipt of $600 or more of MIP is determined on a  
mortgage-by-mortgage basis. Do not aggregate MIP  
received on all of the mortgages of an individual to  
determine whether the $600 threshold is met. You do not  
need to report MIP of less than $600 received on a  
mortgage, even though you receive a total of $600 or  
more of MIP on all of the mortgages for an individual in a  
calendar year.  
Nashua, NH  
XX-YY  
If an APN or other such identifying number needed to  
complete box 8 is not readily available for the property  
(having no address) securing the mortgage, enter a  
description of the property, using metes and bounds if  
available, or other descriptive language to properly  
identify the property. You may abbreviate as necessary.  
The following statement applies to boxes 7 and 8.  
If there is more than one property securing the  
!
CAUTION  
mortgage, you may report the address of any one  
of the properties using boxes 7 and 8 and enter in box 9  
the total number of properties securing the mortgage.  
Box 9. Number of Mortgaged Properties  
If there is more than one property securing the mortgage,  
enter in box 9 the total number of properties secured by  
this mortgage. If only one property secures the mortgage,  
you may leave this box blank. For purposes of  
See Prepaid Mortgage Insurance, earlier, for the tax  
treatment of prepaid MIP.  
determining the number of properties, you may consider  
any single physical street address, 911 address, lot,  
parcel, APN, or tract of land to be one property.  
Box 6. Points Paid on Purchase of Principal  
Residence  
Enter points paid on the purchase of the payer of record's  
principal residence. For an explanation of reportable  
points, see Reportable points, earlier.  
Box 10. Other  
Enter any other item you wish to report to the payer, such  
as real estate taxes, insurance paid from escrow, or, if you  
are a collection agent, the name of the person for whom  
you collected the interest.  
Box 7. Address of Property Securing Mortgage  
If the address of the property securing the mortgage is the  
same as the payer’s/borrower’s mailing address, either  
check the box or leave the box blank and complete box 8.  
If the address or description of the property securing the  
mortgage is not the same as the payer’s/borrower’s  
mailing address, complete box 8.  
Box 11. Mortgage Acquisition Date  
If you acquired the mortgage in the calendar year, enter  
the date of acquisition. Otherwise, leave this box blank.  
Box 8. Address or Description of Property  
Securing Mortgage  
If the address of the property securing the mortgage is not  
the same as the payer’s/borrower’s mailing address, or  
-6-  
Instructions for Form 1098 (Rev. 01-2022)